High Profile Promotions, LLC
High Profile Promotions, LLC is a temporary help services business in Austin, TX (NAICS 561320). It was financed with an SBA 7(a) loan for a change of ownership of $1.4 million, approved on April 9, 2025 by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Apr 9, 2025
$1,395,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,395,000
- SBA-guaranteed amount
- $1,046,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 9, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,435 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 561320, Temporary Help Services
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 45% of acquisition loans in Temporary Help Services on this site.
- Average acquisition loan in Temporary Help Services: $1,948,736.
- Average acquisition loan in Texas: $1,944,682.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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